Kotse Loan


Loan Amount: Maximum of 70% of the selling price or unit price

Term:  For New Units - with year model 5 years from the present year of purchase. Max amount to be financed is 1M but subject to appraisal.

    For 2nd Hand Units - with year model 10 years from the present year of purchase. Max amount is 500,000.00. 

                                                  With 10-15 years base from the present year of purchase. Max amount is 200,000.00.          

Mode of Payment: Monthly


Qualification Requirements:

       1. 2x2 or 1x1 ID Picture

       2. Valid Photo Bearing ID

       3. Proof of 30% down payment

       4. Deed of Sale of Equipment / Certificated of Registration

       5. Picture of the Vehicle

       6. Vehicle Appraisal Report

       7. Any Proof of Income / ITR / AFS

       8. Statement of Account showing repayments or payments; it can be either (post paid plan billing payments, 

           credit card billing payment, loan amortization payments, insurance payments).